Changes to how multinational companies and giant tech firms are taxed globally may be on the horizon, resulting in a curbing of investment in lower corporate tax jurisdictions.
In the wake of the US Treasury secretary’s recent proposal to introduce a global corporate tax rate, now finance ministers from the G20 may also be entertaining the idea, with France and Germany having also recently expressed their support for an international base rate. Through the OECD, countries are working on proposals for corporate tax reform that would be presented at the G20 meeting scheduled for this summer.
Source: Guardian
As Donald Trump officially declared his victory in the US election, he received congratulations from…
European leaders committed to developing a defence industry base and enhancing EU competitiveness at an…
The EU and the Republic of Korea formalised a comprehensive Security and Defence Partnership in…
Poland is the dominant country in the Central and Eastern Europe (CEE) business landscape, with…
Hungarian Prime Minister Viktor Orban, no stranger to political brinkmanship, went all in on Donald…
Moldovan President Maia Sandu defeated her pro-Russian rival Alexandr Stoianoglo by around 55% to 45% in the presidential second-round…